Media headlines about CGI (NYSE:GIB) (TSE:GIB.A) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CGI earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 47.083356246391 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Trippy video explores the optics of CGI-generated crystals (boingboing.net)
- CGI Group Inc Cl.A Sv (GIB.A.TO) Sees Schaff Trend Cycle Trend Upward Near-Term (stuartjournal.com)
- The CGI Group Inc (TSE:GIB.A) Ownership Structure Could Be Important (finance.yahoo.com)
- Can’t afford to make a film? Could you use CGI instead? (redsharknews.com)
- Skin or CGI? Alita: Battle Angel takes manga to photorealistic levels (cnet.com)
GIB has been the subject of a number of analyst reports. Zacks Investment Research lowered CGI from a “hold” rating to a “sell” rating in a research note on Wednesday, July 4th. Scotiabank lowered CGI from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, July 17th. Barclays increased their price objective on CGI from $64.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, August 2nd. Finally, Desjardins lowered CGI from a “buy” rating to a “hold” rating in a research note on Wednesday, July 25th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $72.25.
Shares of GIB stock opened at $65.35 on Friday. CGI has a 52 week low of $50.73 and a 52 week high of $66.32. The firm has a market capitalization of $18.38 billion, a P/E ratio of 20.53, a price-to-earnings-growth ratio of 2.25 and a beta of 0.55. The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.24.
CGI (NYSE:GIB) (TSE:GIB.A) last announced its quarterly earnings results on Wednesday, August 1st. The technology company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.24. CGI had a return on equity of 18.06% and a net margin of 9.33%. The company had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same quarter last year, the firm posted $0.93 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. sell-side analysts anticipate that CGI will post 3.22 EPS for the current fiscal year.
CGI Group Inc provides information technology and business process services in Canada and internationally. It offers application development and maintenance, portfolio management, quality assurance and testing, modernization, and migration services; agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific business consulting services; business-to-business and customer operations support, purchase management, revenue management, and supplier payment services; and data center facilities and management, technical service desk, printing and document management, remote infrastructure, transformation, storage as a service, data vaulting, disaster recovery and archiving as a service, bottomless edge-to-core storage, and file sync and share as a service, as well as infrastructure solutions and consulting services.
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